Early Payment Solution That Turns AP Into a Revenue Source
PaymentWorks EarlyPay earns you a rebate on accelerated payments when vendors opt to be paid early for a discount— with no third-party lender relationships to manage.
Unlock value from your vendor master file.
The early payment and rebate solution treasury and AP teams run on top of an authenticated vendor base, not a spreadsheet of guesses.
You Don’t Have Time. You Don’t Have Automation. Your Payments Are At Risk.
Most early payment solutions stall because the vendor data behind them is a mess: unverified bank accounts, vendors who never opted into electronic payment, and no way to confirm a discount offer is even going to the right account. AP teams end up sitting on approved invoices they could be earning rebates on because the underlying payment infrastructure isn’t ready for it.
Most vendors never even get asked if they want an early payment. If a vendor isn’t set up for ACH or virtual card at onboarding, they’re stuck on checks—and a check-paid vendor can’t take an early payment discount at all.
How the PaymentWorks Early Payment Solution Works
Transform vendor onboarding from paper pushing to profit center
Every vendor gets set up for ACH or virtual card the moment they onboard, not in a separate enablement project six months later. This is the step many miss or postpone, and it’s why their discounting programs stall. A vendor still on checks can’t take a discount. You can’t offer early payment to a vendor who was never set up to receive one.
A discount offer is worthless if the account underneath it isn’t the vendor’s. Because every vendor and bank account on PaymentWorks is already authenticated, EarlyPay doesn’t bolt a payment-acceleration program onto unverified data. The verification the discount depends on is already done before you offer a single early payment.
Change an invoice’s status to approved, and EarlyPay takes it from there. No extra workflow, no manual trigger, no human intervention. The rebate runs on a sliding scale: the more accelerated the payment, the bigger the discount.
Our customers love offering our early payment solution because they can keep suppliers happy without tapping into their own cash reserves. It’s a win-win: you earn rebates from vendors who opt in and those vendors get paid early.
There is no change to accounting, and it provides another rebate opportunity. I don’t see any downside. EarlyPay has been a great win for us.
Real Monday Back to the Business Every Quarter, Funded by Cash You Were Spending Anyway.
Funded By You, Kept By You
Unlike supply chain finance or factoring, there is no third-party lender for your team to manage. The program is built right into the vendor onboarding experience.
Covered by $2M ACH Payment Warranty
Early payments through EarlyPay carry the same fraud protection as any other domestic ACH payment with PaymentWorks. Moving faster doesn’t mean less protection.
Built on the Largest Network of Authenticated Payees
You’re not verifying vendors from scratch. Many are already authenticated in the network, so the program produces results sooner.
See what your vendor file is worth
Book a Demo
An early payment solution lets a company offer its vendors early payment in exchange for a small discount. PaymentWorks EarlyPay runs this on top of a verified vendor base, so every early payment goes to a vendor and bank account that’s already been authenticated, not just approved to be paid eventually.